Rugby Mining Limited Stock Probability of Future Pink Sheet Price Finishing Under 0.03

RBMNF Stock  USD 0.03  0.01  24.81%   
Rugby Mining's future price is the expected price of Rugby Mining instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Rugby Mining Limited performance during a given time horizon utilizing its historical volatility. Check out Rugby Mining Backtesting, Rugby Mining Valuation, Rugby Mining Correlation, Rugby Mining Hype Analysis, Rugby Mining Volatility, Rugby Mining History as well as Rugby Mining Performance.
  
Please specify Rugby Mining's target price for which you would like Rugby Mining odds to be computed.

Rugby Mining Target Price Odds to finish below 0.03

The tendency of Rugby Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move below current price in 90 days
 0.03 90 days 0.03 
about 40.75
Based on a normal probability distribution, the odds of Rugby Mining to move below current price in 90 days from now is about 40.75 (This Rugby Mining Limited probability density function shows the probability of Rugby Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Rugby Mining has a beta of 0.56 indicating as returns on the market go up, Rugby Mining average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Rugby Mining Limited will be expected to be much smaller as well. Moreover Rugby Mining Limited has an alpha of 1.7782, implying that it can generate a 1.78 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Rugby Mining Price Density   
       Price  

Predictive Modules for Rugby Mining

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rugby Mining Limited. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
0.000.0324.72
Details
Intrinsic
Valuation
LowRealHigh
0.000.0224.71
Details

Rugby Mining Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Rugby Mining is not an exception. The market had few large corrections towards the Rugby Mining's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Rugby Mining Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rugby Mining within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
1.78
β
Beta against Dow Jones0.56
σ
Overall volatility
0.01
Ir
Information ratio 0.07

Rugby Mining Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Rugby Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rugby Mining Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Rugby Mining Limited is way too risky over 90 days horizon
Rugby Mining Limited has some characteristics of a very speculative penny stock
Rugby Mining Limited appears to be risky and price may revert if volatility continues
Rugby Mining Limited has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (2.71 M) with profit before overhead, payroll, taxes, and interest of 495.
Rugby Mining Limited has accumulated about 2.46 M in cash with (2.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Roughly 29.0% of the company outstanding shares are owned by corporate insiders

Rugby Mining Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Rugby Pink Sheet often depends not only on the future outlook of the current and potential Rugby Mining's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Rugby Mining's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding193 M

Rugby Mining Technical Analysis

Rugby Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Rugby Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rugby Mining Limited. In general, you should focus on analyzing Rugby Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.

Rugby Mining Predictive Forecast Models

Rugby Mining's time-series forecasting models is one of many Rugby Mining's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Rugby Mining's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.

Things to note about Rugby Mining Limited

Checking the ongoing alerts about Rugby Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rugby Mining Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Rugby Mining Limited is way too risky over 90 days horizon
Rugby Mining Limited has some characteristics of a very speculative penny stock
Rugby Mining Limited appears to be risky and price may revert if volatility continues
Rugby Mining Limited has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (2.71 M) with profit before overhead, payroll, taxes, and interest of 495.
Rugby Mining Limited has accumulated about 2.46 M in cash with (2.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Roughly 29.0% of the company outstanding shares are owned by corporate insiders

Other Information on Investing in Rugby Pink Sheet

Rugby Mining financial ratios help investors to determine whether Rugby Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Rugby with respect to the benefits of owning Rugby Mining security.